FN Options History — July 2024

In July 2024, FN traded between $212.23 and $265.54. ATM implied volatility averaged 42.3%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 3.3% (HV 20d: 39.0%). Max pain ranged from $220.00 to $250.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 3.74.

Notable Days

  • 2024-07-16: Highest Volume — 398 contracts
  • 2024-07-31: Largest IV drop — 11.9% change
  • 2024-07-30: Highest IV Rank — 27.4%
  • 2024-07-30: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$238.19$212.23$265.54$241.28$222.41
Max Pain$239.55$220.00$250.00$220.00$240.00
ATM IV42.3%38.0%48.7%38.7%42.9%
Expected Move12.2%10.9%14.0%11.1%12.3%
HV 20d39.0%31.2%52.6%38.2%52.6%
HV 60d43.1%39.5%48.1%43.1%48.1%
IV Rank19.7%14.5%27.4%15.3%20.4%
IV Percentile65.7%49.6%76.2%52.4%66.7%
Term Structure7.1%1.4%13.0%1.6%13.0%
VWIV44.6%37.4%55.2%40.8%44.3%
Skew 25d1.7%-0.8%3.8%1.2%3.1%
Skew 10d4.6%-6.6%24.4%9.9%14.3%
Call IV 25d42.5%38.0%47.4%39.3%45.7%
Put IV 25d44.2%39.6%50.9%40.5%48.9%
Bid-Ask Spread %84.8578.4492.5588.9792.55
Gamma HHI0.210.070.430.200.17
Net GEX65.2K-256.9K486.7K150.5K-256.9K
Net DEX-5.0M-16.7M4.3M-8.5M3.0M
Net VEX-43.8K-54.9K-36.4K-45.0K-54.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.740.1719.081.000.64
Total Volume106.22773981036
Total OI1,934.3181,2612,4232,0252,008

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$241.28$220.0038.7%11.1%38.2%15.3%40.8%1.2%1.6%150.5K-8.5M-45.0K1.0088.97551,141884
2024-07-02$242.32$220.0038.0%10.9%38.2%14.5%37.4%1.6%3.1%159.3K-8.7M-44.5K0.3590.492381,145889
2024-07-03$239.92$220.0038.6%11.1%37.2%15.2%44.7%1.4%1.4%138.5K-8.1M-44.5K6.0090.98161,157892
2024-07-05$240.88$220.0039.2%11.8%34.8%15.9%40.9%1.8%7.2%142.3K-8.2M-43.9K2.5080.276151,158891
2024-07-08$242.95$250.0040.2%11.9%33.9%17.1%41.6%1.1%6.9%155.6K-8.5M-42.6K0.6279.521381,152895
2024-07-09$240.97$250.0039.6%11.7%33.0%16.4%46.0%1.0%7.6%128.7K-8.0M-41.6K5.0079.352101,156897
2024-07-10$241.92$250.0040.7%11.7%31.5%17.7%0.0%-0.2%6.7%136.3K-8.4M-40.5K0.2380.261331,156897
2024-07-11$245.48$250.0040.9%11.7%31.2%18.0%41.3%1.3%6.4%200.2K-9.5M-40.1K0.4879.2656271,151898
2024-07-12$251.53$250.0039.9%11.4%31.8%16.8%41.4%-0.8%5.9%319.2K-11.8M-38.6K1.2380.3235431,148918
2024-07-15$256.15$240.0042.4%12.1%31.3%19.7%45.2%1.2%6.1%430.4K-13.2M-37.9K3.5078.446211,168939
2024-07-16$265.54$240.0043.7%12.5%32.5%21.4%43.6%2.9%3.9%486.7K-16.7M-36.4K4.5384.60723261,168943
2024-07-17$251.63$250.0043.6%12.5%35.8%21.3%45.0%-0.6%5.2%-11.6K-5.6M-41.6K2.4286.84621501,1411,282
2024-07-18$238.08$250.0042.3%12.1%40.2%19.6%42.7%1.1%9.2%-221.8K-896.2K-37.8K4.6690.17582701,1011,193
2024-07-19$236.31$240.0042.7%12.2%37.9%20.1%55.2%0.8%8.9%-15.1K-92.9K-40.4K1.0591.071321381,1521,211
2024-07-22$244.28$240.0043.7%12.5%39.8%21.4%43.3%3.8%7.7%38.0K-3.8M-43.0K0.1787.44417653608
2024-07-23$243.25$240.0043.0%12.3%38.9%20.4%47.1%2.2%8.4%49.6K-4.0M-43.7K2.5584.282051682611
2024-07-24$226.53$240.0045.1%12.9%45.4%23.0%48.0%1.5%9.5%-7.3K-1.1M-43.1K19.0884.6413248703659
2024-07-25$215.84$240.0045.6%13.1%48.0%23.7%44.0%2.6%9.4%-95.2K2.0M-47.6K5.8880.911694707847
2024-07-26$220.56$240.0044.6%12.8%48.2%22.4%44.9%3.7%10.8%-151.1K2.5M-53.4K1.3384.88347131,064
2024-07-29$220.10$240.0046.8%13.4%47.9%25.0%49.3%3.3%9.2%-157.0K2.5M-52.0K5.8084.815297151,066
2024-07-30$212.23$240.0048.7%14.0%49.2%27.4%50.1%3.5%8.2%-185.2K4.3M-50.5K13.2286.67182387161,080
2024-07-31$222.41$240.0042.9%12.3%52.6%20.4%44.3%3.1%13.0%-256.9K3.0M-54.9K0.6492.5522147151,293